What a Stupid Question!

Media / Blog

What a Stupid Question!

Prev

Five Things You Didn’t Know About The GOP Tax Bill

December 17, 2017

So, how many times have you asked someone in the financial world a question and they make you feel stupid? Not only stupid for asking the question, but just plain stupid? That’s what often happens when working with people. There used to be stocks, bonds and cash. There used to be whole life insurance and term life insurance. There used to be disability insurance. There used to be health insurance.

Now we have BDC’s and REIT’s and PPL’s and variable life insurance and variable universal life insurance and indexed life insurance and indexed universal life insurance and ETF’s and UIT’s and PPO’s and HMO’s and 401k’s and Roth 401k’s and IRA’s and Roth IRA’s and long term care insurance and then long term care riders and hybrids and properly structured life insurance and improperly structured life insurance . . . You get the point. The financial world of our parents and grandparents doesn’t exist today. It’s become much more complicated and demanding but also more individualized and more automated.

When working with an advisor, ask questions, and ask more questions, and then ask even more questions. The more you get a feel for what you’re investing in and what insurance coverage you’re actually getting, the more comfortable you’ll feel.  You will then be able to Breathe Easier About Life™.

I love it when I get an e-mail from my clients in their early 80’s and the subject line reads “Another Stupid Question!” They’ve been working with me for so long that they’ve heard me say “The only stupid question in my eyes is an unasked question” hundreds of time. They can also repeat back to me another mantra of mine . . . “Even if you think you’ve asked the question 3 or 4 times, ask it again.”

I understand that the world of finances, insurance and estate planning can seem daunting. Now add a Private CFO to lead your way. The next time you have a stupid question, ask it. If the one who’s hearing the question makes you feel stupid, politely disengage and call me.

Next

5 Things You Need To Know About The Bitcoin Before You Invest Your Money

About the author

a man wearing a blue shirt and smiling at the camera

Mark Buhrke

Vice President, Private CFO®

Mark grew up in the suburbs of Chicago and spent his junior high and high school years in a small town in Central Illinois. After graduating from Concordia University Chicago with double majors in Computer Science and Business Administration and a minor in Music, he stayed in Chicago until moving to Atlanta in 2002. He's been helping his clients have more peace and confidence regarding their financial world and estate planning since 1985. He doesn't bring "the right" answer but he brings 30 years of asking the right questions so that his clients uncover their own "right answers". Background and qualification information is available at FINRA's BrokerCheck website.

Sign Up

Sign up for our exclusive Sunday Paper with a weekly market commentary, insightful personal finance blogs, and life changing education guides.

Email sign up

Securities offered through Kestra Investment Services, LLC (Kestra IS), member FINRA/SIPC. Investment advisory services offered through Kestra Advisory Services, LLC (Kestra AS), an affiliate of Kestra IS. oXYGen Financial is not affiliated with Kestra IS or Kestra AS. Kestra IS and Kestra AS do not provide tax or legal advice.

This site is published for residents of the United States only. Registered Representatives of Kestra IS and Investment Advisor Representatives of Kestra AS may only conduct business with residents of the states and jurisdictions in which they are properly registered. Therefore, a response to a request for information may be delayed. Not all products and services referenced on this site are available in every state and through every representative or advisor listed. For additional information, please contact Kestra IS Compliance Department at 844-553-7872.

PLEASE NOTE: The information being provided is strictly as a courtesy. When you link to any of the web sites provided here, you are leaving this web site. Kestra IS and Kestra AS makes no representation as to the completeness or accuracy of information provided at these web sites. Nor is Kestra IS and Kestra AS liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, web sites, information and programs made available through this web site. When you access one of these web sites, you are leaving our web site and assume total responsibility and risk for your use of the web sites you are linking to.